Dear Community,
As Bigbom team, we are committed to lock a big portion of the BBO tokens, as outlined in our Whitepaper. Our Founder & Core Staff, Advisors, Airdrop, Network Growth and Reserve pool will have a certain lockout duration, before they will be able to enter the circulating supply.
However, in the previously deployed BBO Token Contract it was technically possible for a contract owner to override the specified lockout duration. While this does not have an impact on Token Holders directly, as we are committed to stick to these lockouts, we have chosen to further solidify this commitment by ensuring it is technically impossible for us to do so. This further aligns with our goals of integrity and transparency towards our investors.
To do this, we have updated the Token Contract, and you have received new & freshly minted BBO tokens.
No worries, you do not have to do anything! The swap happened automatically.
First, we collected all Token Holders since block 5326048 (The block where the original BBO Token Contract was created) until block 5342385 (The last block when Pre-ICO ended). All Token Holder’s BBO balance were automatically recorded.
3 hours after that, we deployed our new BBO Token contract into mainnet. After that, all original BBO Token Holders in previous step received their exact amount of BBO from new contract.
All Tokens were non-transferable during this time, in order to keep the integrity of Token Balance.
On April 7, after we have done several checks to confirm that the distribution has been done correctly, we will burn all the old Tokens at the old contract at address: 0x8227cf5171bfdafad9110775c4dce2cc5897b5dd.
As we deployed a new contract, the contract address for the BBO token will change. The new BBO Token is: 0x84f7c44b6fed1080f647e354d552595be2cc602f
Finally, as all updates to our smart contracts, all our changes are visible on our Github. These changes can be found in this commit: https://github.com/bigbomio/BigBomTokenSale/commit/f3af2f52ba93a4a8f4779f1a919854788d2cb9d4
Please note that if you use external wallet software, you may want to manually remove the old tokens from your wallet. Please ensure that you keep the new one in, with contract address: 0x84f7c44b6fed1080f647e354d552595be2cc602f
With kind regards,
Alex Tuan Co,
CTO at Bigbom Eco
